The tools give you significant leverage, but they're expensive, so you have to have capital to get the compounding loop going.

· Bits and Bobs 6/29/26
  • The tools give you significant leverage, but they're expensive, so you have to have capital to get the compounding loop going.
    • The more expensive the tools, the more that to get going you have to indebt yourself to someone else more powerful than you.
    • When land is impossibly expensive, you have no choice but to be a serf.
      • The lord decides who gets the tools and access to his land.
      • You have to feed yourself and your family based on the food you make… and give enough kickbacks to the lord that he doesn't kick you off his land.
    • To the lord, he's been absurdly generous.
      • To the serfs, they are trapped in a structure they can't escape, at the whim of someone who doesn't think of them as a person.
      • The lord asks himself: "Why are these serfs so angry with us lords? I'm letting them live on my land. What more do they want?"
    • Are we heading into a world of token serfdom?

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